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Tags : tariffs


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New crisis looming for Europe’s carmakers

European automakers already buffeted by US tariffs and a rocky shift toward electric vehicles now face a new threat: a shortage of key semiconductors supplied by Chinese-owned Nexperia...

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US delays tariffs on Singapore pharma products

The United States has delayed imposing tariffs on Singapore’s pharmaceutical exports to give companies more time to negotiate exemptions, the city-state’s junior trade minister said Tuesday.

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Trump tariffs on timber, furniture take effect

US president Donald Trump’s fresh tariffs on imported wood, furniture and kitchen cabinets took effect Tuesday, a development likely to fuel building costs and pile pressure on homebuyers in an already challenging market.

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Indian garment exporters reel under US tariffs

When Donald Trump was elected, Indian garment exporter RK Sivasubramaniam thought the new US president would boost business and invested heavily in anticipation of a boom...

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25pc tariffs on heavy trucks start Nov 1: Trump

President Donald Trump said Monday that a steep US tariff on imported heavy trucks would begin on November 1, postponing the date that he initially threatened to impose such duties...

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EU channels Trump with tariffs to shield steel sector

The European Union will take a page out of US president Donald Trump’s tariff playbook on Tuesday with a plan to hike levies and slash quotas for imported steel — to protect the bloc’s struggling industry from cheap Chinese competition...

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Canada PM to meet Trump on tariffs

Canadian Prime Minister Mark Carney will meet President Donald Trump in Washington next week for talks on a trade war that is hammering Canada’s economy, Carney’s office said Friday...

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Increased tariffs come into effect Oct 15

Increased tariffs on 23 out of the 52 services at the Chattogram port, the lifeline of the country’s trade, will come into effect on October 15 amid businesses’ opposition to the steep hikes in charges...

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South Korea posts record semiconductor exports

South Korea recorded its highest ever semiconductor exports in September, official data showed Wednesday, despite growing pressure from US tariffs and other restrictions on the crucial sector...

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Chattogram port tariff hike suspended

The government has suspended the recently increased service tariffs at Chattogram port for one month, shipping adviser retired Brigadier General M Sakhawat Hossain said on Saturday.

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RMG exporters seek clarity on US tariffs

Bangladesh’s readymade garment exporters have sought detailed clarification and an implementation mechanism regarding a recent United States executive order that allows a 20 per cent reciprocal tariff on Bangladeshi goods to be reduced if at least 20 per cent US-origin content or raw materials are used...

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CPA re-fixes tariffs

The Chittagong Port Authority has re-fixed charges (tariffs) for its various services after almost 40 years...

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Taiwan plans $18b for ‘resilience’ to tariffs, China

Taiwan’s government plans to spend $18 billion on strengthening the island’s ‘resilience’, including helping industries hit by US tariffs and boosting its defences against Chinese threats, the cabinet said Thursday...

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88 postal operators suspend services to US over tariffs: UN

Postal traffic to the United States plunged more than 80 per cent following Washington’s imposition of new tariffs, with 88 operators worldwide fully or partially suspending services, the Universal Postal Union said Saturday...

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US trade gap widest in four months

The US trade deficit expanded more than expected in July to its widest in four months, government data showed Thursday, on a surge in imports before a fresh wave of president Donald Trump’s tariffs kicked in...

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US appeals court finds Trump’s global tariffs illegal

A US appeals court on Friday ruled that many of president Donald Trump’s tariffs, which have upended global trade, were illegal—but allowed them to remain in place for now, giving him time to take the fight to the Supreme Court.

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Bangladesh can gain add’l $2b export orders

Bangladesh can gain additional $1.2-$2.32 billion worth of export orders in the 2025-26 financial year shifted from India and China due to higher tariffs imposed on these countries by the Trump administration.

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50pc US tariffs on Indian goods take effect

US tariffs of 50 per cent took effect Wednesday on many Indian products, doubling an existing duty as President Donald Trump sought to punish New Delhi for buying Russian oil...

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Australia joins countries suspending post to US

Australia joined on Tuesday a string of countries suspending some postal deliveries to the United States, citing a ‘complex and rapidly evolving situation’ with US President Donald Trump’s looming tariffs...

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Modi dangles tax cuts as US tariffs loom

Indian prime minister Narendra Modi’s push to slash consumption taxes on everyday goods could deliver billions of dollars in annual relief and boost demand in an economy bracing for painful US tariffs, experts say...

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Canada removing tariffs on US goods compliant with FTA

Canada will remove all tariffs on US goods that are compliant with the existing North American free trade agreement, prime minister Mark Carney said Friday, matching exemptions affirmed earlier this month by Washington...

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PlayStation prices rise as US tariffs bite

Sony on Wednesday said it is bumping up the price of PlayStation 5 video game consoles by $50 in the United States due to a ‘challenging economic environment.’...